On July 30, 2008, the Fed adopted the final rule to amend Regulation Z. Effective October 1, 2009, the rule creates a new category of mortgage loans, imposes new requirements on the making and servicing of closed-end mortgages secured by a primary dwelling, and imposes new requirements for advertising...

I have discussed how hard it is in the Commonwealth of Virginia to make out a claim for fraud when a construction contract is involved. On limited exception is where a claim for “fraud in the inducement” is involved. Essentially, such a claim states that one party was hoodwinked into entering...